Alliance Resource Partner... (ARLP)
Alliance Resource Partners L.P. Max Pain By Strike
ARLP trades at $23.46, 6.2% below the near-term max pain of $25 expiring Sep 19, 2025 (30 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($25-$80), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Alliance Resource Partners L.P. Max Pain By Expiry
Max pain for ARLP shows a downward trend from 80 to 25, indicating bearish sentiment or hedging activity. The 153% spread signals divergent expectations across timeframes. Most levels above 23.46 could support dips. Strong magnetic level at 25 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 25 | 1.54 (6.56%) |
| Oct 17, 2025 | 25 | 1.54 (6.56%) |
| Dec 19, 2025 | 25 | 1.54 (6.56%) |
| Jan 16, 2026 | 80 | 56.54 (241.01%) |
| Mar 20, 2026 | 25 | 1.54 (6.56%) |